I have been viewing 2003-2006 LX470s and Land Cruisers to replace my ageing 80 series, and I find that mile for mile, the Land Cruiser leather is in much, much worse shape than the Lexus leather.
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When I bought my Mercedes 300TE new in 1988 the dealer was very impressed that I bought it with MB TEX, i.e. vinyl. He thought Americans were chumps to buy leather when Germans had perfected a substitute that lasted forever and couldn't be told from the natural stuff. He may have been right. My 300 had over 300k on it when I sold it in 2000. The seats still looked like brand new.
Not sure what they felt like back in '88, but the recent MB Tex I've experienced in E550s and M350, not low end Merc's by any means, were revolting IMO. Plasticky and very disappointing having been use to the fine leather used in Lexus's by comparison.